Veterans, and their dependents, are entitled to a number of benefits and qualify for numerous assistance programs as a result of their service. One program that can help veterans and their spouses put off the need to move to long-term care is the Veterans Aid & Attendance program. The VA&A program is not a well-known […]
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A well-rounded estate plan should do more than just ensure your assets are distributed according to your wishes at the end of your life. It should also help ensure that you are financially stable throughout your lifetime and well cared for during your retirement years. To accomplish these additional goals, long-term care planning should be […]
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The Veteran’s Administration is beginning asset limits for qualification for the Aid & Attendance benefit. The limit goes into effect on October 18, 2018. If transfers are made prior to October 18, 2018, they will escape penalties on the transfer and the client would qualify. Read on for more information on this unique opportunity. The post New Asset Transfer Look-Back for VA Aid & Attendance Coming Soon: The Window of Opportunity is Closing Quickly! appeared first on Kulas Law Group.
Sadly, elder abuse is a growing problem in the United States, and a problem that can impact anyone. You do not need to have amassed a fortune to wind up a victim of elder abuse; however, when a fortune is involved it often increases the likelihood of foul play. Marvel Comic legend Stan Lee has […] The post Marvel Comic Legend Wins Restraining Order Based on Allegations of Elder Abuse appeared first on Kulas Law Group.
The recent tax law temporarily doubled the estate tax exemption. That doesn’t mean there’s no need for estate planning. Estate plans consider many important aspects, not just estate taxes. This article examines some of the many considerations besides estate taxes. The post Estate Planning: It’s Not Just About the Estate Taxes appeared first on Kulas Law Group.
Nobody wants incapacity, not for yourself and not for your loved ones. But planning for that possibility can avoid complications and increase options. The article discusses the elements of incapacity planning and the need for flexibility to do Medicaid planning. It discusses how a trust with Medicaid triggers can allow that. The post Incapacity Planning appeared first on Kulas Law Group.
This article examines the transfer of frequent flyer mile accounts to beneficiaries. It looks at Anthony Bourdain’s will and its disposition of his miles. The article points out that these are contractual rights and you may or may not be able to transfer them at death. The post Planning for Frequent Flyer Miles appeared first on Kulas Law Group.